Month End Portfolio Information

PACIFIC ASSETS TRUST plc (the "Company")                    

All data as at 31 July 2010

This data will be available on the Company's website, http://
www.pacific-assets.co.uk from 6 August 2010.

Pacific Assets as at 31 July 2010                       
                                                        
Top Ten Equity Holdings                          %      
                                                        
MTR                                             5.7     
                                                        
LG                                              5.2     
                                                        
Taiwan Semiconductor Manufacturing              4.8     
                                                        
E.Sun Financial Holding                         4.3     
                                                        
Manila Water                                    4.2     
                                                        
Singapore Post                                  4.1     
                                                        
Kasikornbank                                    3.9     
                                                        
Hong Kong & China Gas                           3.8     
                                                        
SMRT                                            3.7     
                                                        
Transport International Holdings                3.6     
                                                        
Total                                          43.3     
                                                        
Geographical breakdown                           %      
                                                        
Hong Kong                                      16.9     
                                                        
Korea                                          11.8     
                                                        
China                                           3.2     
                                                        
Singapore                                      14.2     
                                                        
India                                          13.6     
                                                        
Phillippine                                     8.4     
                                                        
Taiwan                                         15.5     
                                                        
Other                                          11.1     
                                                        
Liquidity                                       5.3     
                                                        
Total                                          100.0    
                                                        
Actual Gearing                                 100.0    

Note: All percentages are based on Gross Assets.

                                    - ENDS-                                    

6 August 2010

Frostrow Capital LLP

Secretary